4044 Ridge RdBrooklyn, OH 44144

Property Details for 4044 Ridge Rd

Lot size

0.22 AC

Property type

Other commercial real estate

Property subtype

Other specialty properties

Description

This exceptional turnkey investment opportunity presents a fully occupied six-unit brick apartment building situated on a 0.221-acre lot at 4044 Ridge Road in desirable Brooklyn, Ohio. The property features six spacious two-bedroom, one-bathroom units, each well-lit and comfortable. Six garage spaces are included, providing ample parking for residents. The building boasts quality, long-term tenants, and has been meticulously maintained by its long-term owner. Current rents are $850 per month, below market rate ($950), with potential for further increases. The property benefits from a prime location near major highways, shopping, entertainment, and public transportation. This is an ideal addition to an existing portfolio or a perfect entry point for first-time investors seeking a self-managing property. The property is currently 100% occupied, with high rental demand and consistent rent increases. Brooklyn's limited government involvement and absence of lead certification requirements further enhance its appeal. The current owner maintains the grounds at a reduced rent. Financial details, including expenses, are available upon request. Serious inquiries only; proof of funds is required for showings. This is a rare opportunity to acquire a well-maintained, high-performing investment property in a thriving location. Note that 24-hour notice is required for all showings.

Location Insight

City

Brooklyn

County

Cuyahoga

State

Ohio

Latitude

41.4461

Longitude

-81.7355

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